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A couple of fascinating takeaways from this that don't get brought up very often when the conspiracy is mentioned: - Streetcars were already failing when GM an
by amyjess 7y ago
A couple of fascinating takeaways from this that don't get brought up very often when the conspiracy is mentioned:
- Streetcars were already failing when GM and their cohorts swooped in. They just accelerated the collapse and took advantage of it to enrich themselves. In fact, the reason GM's puppet was able to acquire and shut down all these streetcar companies was because the industry was dying, and the owners of those wanted to sell before the bottom fell out.
- The purpose of the conspiracy was not to promote private car ownership but to replace streetcars with buses, as GM and their cohorts stood to make money hand over fist because they were major players at every level of the supply chain for buses, while none of them were really involved in the supply chain for streetcars.